Mutual Funds Snap Inflow Streak

By

John Kell And

Joan E. Solsman

June 16, 2011

Long-term mutual funds had estimated outflows of $185 million in the latest week, ending a 21-week streak of inflows that put nearly $122 billion on an unrevised basis into the funds tracked by Investment Company Institute.

In the latest week, outflows from U.S. and foreign stock funds more than offset flows into bond and hybrid funds.